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Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance AssetS Cash Accounts receivable

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Financial data for Joel de Paris, Inc., for last year follow Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance AssetS Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets $ 132,000 139,000 478,000 479,000 804,00e 434,000 253,000 $. 2,504,000 2,587,000 350,000 577,000 801,00e 395,000 249,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders equity $ 384,000 336,000 1,002,000 1,118,000 1,249,0 $. 2,504,000 2,587,000 1,002,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: $4,700,000 4,089,000 611,000 $ 115,000 Interest expense Tax expense 199,000 314,000 $ 297,000 Net income The company paid dividends of $166,000 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15%. Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year

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